GSE CRT Activity Jumps in Second Quarter August 23, 2023 Dennis Hollier The April-June period marked the second consecutive quarter in which Fannie Mae's CRT issuance exceeded Freddie Mac's, an unprecedented period of CRT dominance for Fannie.Read More
Jury Awards GSE Shareholders $612 million August 15, 2023 Dennis Hollier A jury found that the Federal Housing Finance Agency violated its duty as conservator of the GSEs when it agreed to the net worth sweep in 2012.Read More
Uncertainty on Timeline of New Credit Score Models August 11, 2023 Dennis Hollier Industry wants more time to comply with new credit score requirements.Read More
GSEs to Phase Out COVID Servicing Policies August 10, 2023 Dennis Hollier Most pandemic-era flexibilities regarding QRPC, forbearances and loan-modification plans will sunset Nov. 1.Read More
GSEs Adjust Guidelines on Tax Liens, Appraisals August 8, 2023 Dennis Hollier Freddie Mac stated that the borrower’s debt-payment-to-income ratio must be calculated based on the payment plan established with the IRS.Read More
Home Price Growth Buoys Fannie Earnings August 1, 2023 Dennis Hollier The mortgage giant saw a $132 million first-quarter provision for losses shift to a $1.22 billion benefit in the second.Read More
Support for FHFA Proposal on GSEs’ Equitable Housing Finance Plans July 11, 2023 Dennis Hollier The Federal Housing Finance Agency proposed codifying the new equitable housing finance plans of Fannie Mae and Freddie Mac.Read More
FHFA Revises RPL/NPL Sale Requirements July 6, 2023 Dennis Hollier FHFA issued changes to RPL/NPL sales in a new fact sheet, addressing some concerns raised by critics of previous sale policies.Read More
Trade Groups Continue to Fight GSEs' Condo Rules June 23, 2023 Dennis Hollier Lenders, Realtors and community associations team up to fight restrictions put in place following the condo collapse in Surfside, FL.Read More
FHFA Increasing Efforts to Address Climate Change June 16, 2023 Dennis Hollier Eight internal working groups collaborate with FHFA's Climate Change and ESG Steering Committee to develop climate-related plans and policies.Read More